As the Greek debt deal is clinched by the troika of European Central Bank, IMF and Finance Ministers of Europe, Euro strengthened against Dollar which helped gold prices to climb. Meanwhile a Chinese analyst is of the opinion that gold may test $1,800 levels this week.
ďAs investors once again gain confidence in Europe after leaders give Greece another chance, that will help the euro and in turn gold,Ē said Wang Xiaoxi, an analyst at Beijing Capital Futures Co., a unit of the Chinese capitalís investment arm to Bloomberg...............................................Full Article: Source